Direct Interventions In Power Sector Now N7trn – FG
The Federal Government, on Tuesday, said it had spent about N7tn as direct interventions in the power sector despite privatising the electricity generation and distribution arms of the industry since November 2013.
It revealed this at a...
Consumers Lament As Nigeria Exports N23bn Electricity
Power consumers, on Wednesday, kicked against the export of about N23.13bn worth of electricity from Nigeria to some neighbouring countries in 2022 despite the widespread darkness witnessed in many Nigerian communities.
The latest data on the remittances by international...
CBN Reveals Earnings From Electricity Export Drop By 27%
Nigeria’s electricity export crashed by $58.1m in one year amid grid collapse.
Data from the Central Bank of Nigeria showed that the value of Nigeria’s electricity export was $213.66m in 2021 but dropped to $155.56m in 2022....
FG Flags off Construction of 25,000MW Transmission Substation in Akwa Ibom
The Federal Government says it has commenced the construction of a 2×30/40MVA, 123/33kv electricity substation with six feeders, stating that the project would help boost the country’s power transmission capacity to 25,000 megawatts.
The Minister...
TCN Maintenance Scheme to Affect Abuja Power Supply
The Abuja Electricity Distribution Company, in separate public notices signed by the management, has announced that there will be power interruptions in some parts of Abuja on Friday and Saturday.
According to the notices, this is to enable...
Grid collapse: TCN seeks Gencos, Discos support to Improve Power Generation
The Transmission Company of Nigeria has requested power generation and distribution companies to improve their performance in delivering electricity to the country in order to prevent repeated grid collapses.
It, therefore, asked the Gencos and...
